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S&P affirms KazMunayGas at BB+

28.12.2023

On December 26, 2023, the international rating agency «Standard & Poor’s Global Ratings» (S&P) affirmed the long-term JSC NC «KazMunayGas» (KMG) rating at «BB+», the outlook is «Stable», while the stand-alone credit rating was upgraded from «bb-» to «bb».

The full text of the «S&P» rating agency's press release can be found at the following link: https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3105764

JSC NC KazMunayGas

On December 26, 2023, the international rating agency «Standard & Poor’s Global Ratings» (S&P) affirmed the long-term JSC NC «KazMunayGas» (KMG) rating at «BB+», the outlook is «Stable», while the stand-alone credit rating was upgraded from «bb-» to «bb».

The full text of the «S&P» rating agency's press release can be found at the following link: https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3105764

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